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Baker Street. Arthur Doyle is a currency trader for Baker Street, a private investment house in London. Baker Street's clients are a collection of wealthy private investors who, with a minimum stake of 240,000 each, wish to speculate on the movement of currencies. The investors expect annual returns in excess of 25%. Although officed in London, all accounts and expectations are based in U.S. dollars. Arthur is convinced that the British pound will slide significantly-possibly to $1.3200/in the coming 30 to 60 days. The current spot rate is $1.4258/. Arthur wishes to buy a put on pounds which will yield the 25% retum expected by his investors. Which of the following put options, would you recommend he purchase? Prove your choice is the preferable combination of strike price, maturity, and up-front premium expense. Because his expectation is for "30 to 60 days" he should confine his choices to the -day options to be sure and capture the timing of the exchange rate change. (Select from the drop-down menu.) I Data table (Click on the icon to import the table into a spreadsheet.) Maturity 30 days 30 days Strike Price $1.36/L $1.34/E $1.32/ S1.36/ $1.34/6 $1.32/C 30 days 60 days 60 days 60 days Premium $0.00081/1 $0.00021/E $0.00004/ $0.00331/ $0.00151/ $0.00062/C Print Done